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    market news

    Rare Earth Discovery Good News for Fluorescents

    Investing News Network
    Jul. 21, 2011 02:18PM PST
    Rare Earth Investing

    Lighting reported that a discovery of rare earths on the ocean floor could have a positive impact on the lighting industry.

    Lighting reported that a discovery of rare earths on the ocean floor could have a positive impact on the lighting industry.

    The market news is quoted as saying:

    The Japanese team now says that it has found rare earth minerals in such high density on the seabed that a single kilometre could provide one fifth of the current annual global consumption, pointing to a future in which global manufacturers could wean themselves off their Chinese dependency.

    To read the full market news, click here.

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